Your essential source for crypto regulation news, legal developments, and policy analysis affecting the cryptocurrency industry.
Regulation
A group of Democratic senators is pressing the U.S. banking regulator for answers on how it plans to safeguard financial policy from potential conflicts of interest linked to former President Donald Trump’s involvement in cryptocurrency. In a letter sent Thursday, Senators Elizabeth Warren, Chris Van Hollen, and Ron
Regulation
Dragonfly Capital Faces Legal Scrutiny Amid Tornado Cash Prosecution As the U.S. government intensifies its crackdown on crypto privacy platforms, the Department of Justice is now reportedly considering charges against select employees of Dragonfly Capital, a prominent venture capital firm that backed Tornado Cash. While the charges would not
Regulation
Exchange-traded fund (ETF) issuer 21Shares has officially filed for a new spot crypto product focused on Ondo (ONDO), the native token of the rising real-world asset (RWA) platform Ondo Finance. The S-1 filing, submitted to the U.S. Securities and Exchange Commission (SEC) on Tuesday, proposes the “21Shares Ondo Trust”
Regulation
FBI Drops Investigation Into Kraken Founder Jesse Powell, Clearing Path for Return to Crypto Leadership The FBI has officially ended its investigation into Jesse Powell, founder of the cryptocurrency exchange Kraken, bringing closure to a legal ordeal that began with a 2023 raid on his home. According to court filings
Regulation
As Crypto Becomes a Campaign Flashpoint, Mamdani's Silence Stands Out With New York City's mayoral election approaching, the race is heating up—not just politically, but also around the future of crypto regulation in one of the industry's key global hubs. Yet, one of
Regulation
U.S. Enacts Landmark Crypto Law With New Stablecoin Oversight President Donald Trump has officially signed the GENIUS Act into law, ushering in the first federal framework for regulating stablecoins in the United States. The legislation passed the House with strong bipartisan support—306 votes in favor to 122 against—
Regulation
GENIUS Act Clears Congress, Paving Way for First Federal Crypto Law in the United States In a historic move for digital asset regulation, the U.S. House of Representatives has passed the GENIUS Act, making it the first piece of federal legislation to directly regulate cryptocurrency in the United States.
Regulation
U.S. banking regulators have released new guidance clarifying the rules around cryptocurrency custody for banks, signaling continued efforts to align traditional financial institutions with the evolving digital asset landscape. In a joint statement, the Federal Reserve, the Federal Deposit Insurance Corporation (FDIC), and the Office of the Comptroller of
Regulation
A recent Senate hearing on the future of digital asset legislation took a heated turn, underscoring just how politically fraught the path to U.S. crypto regulation has become. The session, centered around the CLARITY Act—a bill designed to bring structure to digital asset oversight—was derailed when Senator
Regulation
As global financial systems evolve to integrate digital assets, the Bank of England’s Governor Andrew Bailey has made it clear: stablecoins issued by major banks are not the answer—at least not in the UK. Bailey’s comments come amid rising interest from financial institutions and regulators worldwide to
Regulation
After years of legal wrangling, the high-profile case challenging the U.S. government's sanctions on crypto mixer Tornado Cash has come to a close—at least in one courtroom. On June 7, the Eleventh Circuit Court of Appeals officially dismissed a lawsuit brought by Coin Center, a leading
Regulation
Embattled crypto exchange FTX is under renewed scrutiny after filing a motion in U.S. bankruptcy court to withhold creditor payouts in 49 countries where cryptocurrency regulations are considered restrictive or unclear. The move has ignited a wave of criticism from global creditors—particularly in China—who now threaten legal